The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Oil prices keep rising amid supportive comments

Contributed by NAMPA / Xinhua.

NEW YORK, Jan. 12 (Xinhua) -- Oil prices settled higher Friday as Russia's oil minister said that global crude supplies were "not balanced yet."
Russian Energy Minister Alexander Novak said ministers from leading Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers will discuss the possibility of exiting the deal at a coming committee meeting, adding "the market surplus is decreasing, but the market is not completely balanced yet," according to CNBC.
Analysts said his ...

 

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